LGX Partners have broad experience in real estate acquisitions and have participated as general partners in all of the following projects.
Realized Investments
Project Name: Solano
Location: Webster, TX
Number of Units: 262
Equity Multiple & IRR: 7.9x / 50.15%
Purchase Price: $7,700,000
Date of Purchase: 08/01/08
Date of Sale: 21/09/21
Sale Price: $25,400,000
Hold period (Years): 13.7
Project Name: Mayridge/Westbrook
Location: Cincinnati, OH
Number of Units: 108 + 81
Equity Multiple & IRR: 2.8 / 51.31%
Purchase Price: $7,475,000
Date of Purchase: 14/07/18
Date of Sale: 22/12/21
Sale Price: $13,500,000
Hold period (Years): 3.4
Project Name: Tiffany Bay Townhomes
Location: USA Houston, TX
Number of Units: 46
Equity Multiple & IRR: 1.45x / 24.50%
Purchase Price: $5,200,000
Date of Purchase: 27/05/21
Date of Sale: 27/03/23
Sale Price: $6,750,000
Hold period (Years): 1.8
Project Name: Villas at Breaburn
Location: Houston, TX
Number of Units: 80
Equity Multiple & IRR: 1.9x / 16.45%
Purchase Price: $2,825,000
Date of Purchase: 18/12/15
Date of Sale: 16/09/21
Sale Price: $5,950,000
Hold period (Years): 5.8
Project Name: Lufkin Portfolio
Location: Lufkin, TX
Number of Units: 84
Equity Multiple & IRR: 5.0x / 390.49%
Purchase Price: $1,935,819
Date of Purchase: 18/12/19
Date of Sale: 22/12/20
Sale Price: $4,051,000
Hold period (Years): 1.0
Project Name: Willow Glen
Location: Erlanger, KY
Number of Units: 68
Equity Multiple & IRR:
Purchase Price: $2,600,000
Date of Purchase: 20/12/17
Date of Sale: 30/04/22
Sale Price: $5,025,000
Hold period (Years): 4.3
Unrealized Investments
Project Name: Bay House
Location: Houston, TX
Number of Units: 190
Purchase Price: $6,400,000
Date of Purchase: 01/08/14
Estimated Market Value: $17,000,000
Project Name: Bay Park
Location: Seabrook, TX
Number of Units: 124
Purchase Price: $3,520,000
Date of Purchase: 01/07/12
Estimated Market Value: $12,400,000
Project Name: Crown Point
Location: Covington, KY
Number of Units: 123
Purchase Price: $4,700,000
Date of Purchase: 20/12/17
Estimated Market Value: $10,000,000
Project Name: LaMonte Park TH
Location: Houston, TX
Number of Units: 129
Purchase Price: $10,200,000
Date of Purchase: 01/04/17
Estimated Market Value: $16,000,000
Project Name: Quail Meadow
Location: Cincinnati, OH
Number of Units: 192
Purchase Price:
Date of Purchase: 01/08/17
Estimated Market Value: $17,000,000
Project Name: The Lenox
Location: Houston, TX
Number of Units: 164
Purchase Price: $7,777,000
Date of Purchase: 01/07/09
Estimated Market Value: $16,500,000
Project Name: Stonegate
Location: Del Rio, TX
Number of Units: 112
Purchase Price: $10,250,000
Date of Purchase: 01/08/18
Estimated Market Value: $16,000,000
Project Name: Summit East
Location: Cincinnati, OH
Number of Units: 140
Purchase Price: $5,100,000
Date of Purchase: 01/08/15
Estimated Market Value: $10,500,000
Project Name: Trafalgar
Location: Houston, TX
Number of Units: 129
Purchase Price: $14,500,000
Date of Purchase: 07/03/20
Estimated Market Value: $18,500,000
Project Name: The Flats
Location: Houston, TX
Number of Units: 256
Purchase Price: $36,000,000
Date of Purchase: 10/08/21
Estimated Market Value: $42,000,000
Project Name: Casa Del Sol
Location: Houston, TX
Number of Units: 126
Purchase Price: $14,000,000
Date of Purchase: 27/05/22
Estimated Market Value: $15,000,000
Project Name: Park Place
Location: Richmond, KY
Number of Units: 119
Purchase Price: $9,750,000
Date of Purchase: 01/04/2023
Estimated Market Value: $10,250,000